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20130224
20130224
Search Results 0 to 15 of about 16 (some duplicates have been removed)
as this week. >> pope benedict xvi giving his last sunday blessing to a massive crowd in st. peter's square. thanking the faithful before he resigns on thursday. and italians are heading to the polls today in a crucial parliamentary election that could shape their future. italy is one of europe's biggest economies. >> kelly: office depot's acquisition of office max among mergers that have been announced recently. wall street appear to have approved but the mergers must get by the justice department. lately they have made a habit of blocking similar deals. what is going on here? joining us is brenda buttner, anchor of "bulls and bears", and always good to see you. why are we seeing so many of these messager deals taking shape? >> money. there is so much corporate cash on the sidelines that has not been invested. essentially what is happening, i think outside the financial sector, it's estimated there is $1.7 trillion on the sidelines in corporate cash reserves. they need to do something with that money. they are feel more confident. they are going to go on a shopping spree and essentially bu
will discuss pope benedict's legacy and give you a short list of who could succeed him. >> jamie: have you heard of identity theft? there is a new warning about it. we don't want to you get your identity stolen. you are at risk. we will tell you how to protect yourself, coming up in my take charge consumer protection segment. >> eric: drivers are gearing up for the daytona 500, a day after the horrific crash that injured dozens of fans. we'll have the latest, live from the speedway, ahead. (crickets c) bill: you might just wanna trade that one in. ♪music announcer: the spring fishing classic starts this weekend at bass pro shops. during our reel trade-in sale save up to $100 more on a new reel when you trade one in. morning, boys. so, i'm working on a cistern intake valve and the guy hands me a locknut wrench. no way! i'm like, what is this, a drainpipe slipknot? wherever your business takes you, nobody keeps you on the road like progressive commercial auto. [ flo speaking japanese ] [ shouting in japanese ] we work wherever you work. now, that's progressive. call or click today. is bigg
. that burst into flames. one one >> pope benedict the sixteenth led his final sunday prayer as pontiff this morning. tens of thousands came to st. peter's square to hear the pope's sermon, and to pray with him. on thursday, benedict becomes the first pope tobut he says he's not abandoning the church. instead, the 85-year-old will spend his days praying in a vatican city monastery. though he has cited age as the reason for his retirement, an italian newspaper suggests something more controversial: they say a network of gay priests at the vatican is being blackmaled by male prostitutes. >> a los angeles cardinal who will help elect the next pope is being questioned about pedophile priests during his time as the city's archbishop. church documents suggest cardinal roger mahony knew priests were sexually abusing children. but went out of his way to protect the priests from prosecution. mahony spent several hours in a deposition on saturday, answering questions about the sex abuse scandal. a petition effort is underway to keep mahony from being allowed to vote for the next pope. >> san fran
daytona. >>> pope benedict xvi gave his final blessing at the vatican before his resignation, officially stepping down on thursday. alex savage is live with more on some of the controversy surrounding the process to find his replacement. alex? >> reporter: the church's sexual abuse scandal could certainly play a role in the selection process moving forward. today, catholics around the world and here in the bay area are honoring pope benedict xvi as he steps down just days later on this week. earlier on this morning, the outgoing pope gave his final blessing at the vatican. >> yes, guys, they are right there. >> the 85-year-old spoke from his studio window addressing a huge crowd that packs st. peter square. estimated at roughly 100,000 people. the pope spoke in a clear, strong voice thanking the faithful for their closeness and affection and tried to reassure catholics that he is not abandoning the church. he'll be stepping down on thursday. the first pope to do so in 600 years. and then soon the search for the next pope will begin. a conclave of 120 cardinals will vote in vote on benedi
. >>> continuing our coverage of the pope's resignation, less than a week before pope benedict xvi steps down, the italian media is publishing controversial reports about new secrets within the church. as molly line reports, today, the vatican blasted back at the reports. >> reporter: pope benedict xvi, praying with cardinals on the last day of lenten religious services. but outside the spiritual haven, a storm is brewing. the vatican is lashing out at the italian media for a string of what they call, quote, defamatory falsified reports. >> it is deplorable that as we draw closer to the time of the beginning of the conclave and the cardinal electors will be held in conscience and before god to freely indicate their choice, that there be a widespread distribution of often unverified, unverifiable, or completely false news stories. >> reporter: italian newspapers in recent days have suggested a secret dossier prepared by the pope, alleging a series of scandals involving sex, money and power, even suggesting a, quote, shadowy gay lobby in the vatican. there's speculation in the italian media the
. >> plus pope benedict retires in a few days. as he prepares to leave there's one more scandal overshadowing the vatican. almost tastes like one of jack's cereals. fiber one. uh, forgot jack's cereal. [ jack ] what's for breakfast? um... try the number one! yeah, this is pretty good. male announcer ] over a third of a day's fiber. fiber one. ♪ shimmy, shimmy chocolate. ♪ shimmy, shimmy chocolate. ♪ we, we chocolate cross over. ♪ yeah, we chocolate cross over. ♪ [ male announcer ] introducing fiber one 80 calorie chocolate cereal. ♪ chocolate. >> welcome back, everybody. good morning. we are starting this half-hour off with a quick look at the weather. here's lisa argen. >> good morning to you. this is a live look at emeryville this morning. some neighborhoods are starting out milder and that's because of the strong northerly winds. it's allowing for the temperatures toasty up near 50 degrees this morning and oakland. in san francisco and elsewhere we are dropping into the 30s from the north and east bay valleys. range from the mid-30s to the lower 50s with clear con
. >>> pope benedict xvi is scheduled to resign from the papacy on february 28th. the italian moda is reporting a whirlwind of controversy around his resignation. >> reporter: pope benedict xvi praying with cardinals on the last day of religious services. outside that spiritual haven, a storm is brewing. the vatican is lashing out at the italian media for a string of what they call, quote, defamatory falsified reports. >> it's deplorable that as we draw closer to the time of the beginning of the conclave and the cardinal electors will be held in conscience and before god to freely indicate their choice that there be a widespread distribution of often unverified, unverifiable or completely false news stories. >> reporter: italian newspapers in recent days suggested a secret docier prepared for the pope by three cardinals who investigated leaked documents in 2012. the report alleges a series of scandals involving sex, money, and power and suggesting a, quote, shadowy gay lobby in the vatican. -- vatican. there is speculation the contents is what caused pope benedict xvi to resign. >>
filled st. peter's square for pope benedict's final blessing. four days he will step down as head of the catholic church. the vatican is dealing with new allegations today involving one of its cardinals. anne thompson has more. good morning. >> reporter: good morning, erica. it's a mixture of joy and intrigue here in vatican city. this morning catholics and the curious jammed st. peter's square to hear pope benedict's final blessing. this got not only a blessing but the pope also shed light on why he resigned. god had called him on the mountain to live a life of more prayer and meditation but he wasn't going to abandon the church. the 85-year-old pontiff said that god had had asked him to live this life with the same kind of dedication but to do so more in a way appropriate to his age and strength. now, this very joyous event took place against a background of scandal. there are new headlines in britain this morning, three priests and a former priest accused the scottish cardinal keith o'brien of inappropriate behavior going back some 30 years. they want cardinal o'brien to resign
whenever you want. visit citi.com/thankyoucards to apply. >>> pope benedict xvi is scheduled tomorrow to give his final prayer. today he came out to spray with the cardinals. meantime the italian media the reporting that the pope's resignation is based on the latest allegations. the vatican today slammed the media for what it calls defamatory falsified reports. >>> in los angeles, cardinal roger mahoney was unflappable as he answered questions under oath today. he was deposed for nearly 3-1/2 hours about his handling of clergy sex abuse cases during his time as los angeles arch bishop. church documents have suggested that mahoney knew priests were sexually abusing children but went out of his way to shield arrest. >>> today french president said france is engaged in the final phase of the fight against militants who are believed to be hiding in a mountainous area. troops from neighboring african nations are scheduled to move in. >>> take a look at this blaze in a fireworks warehouse in china. firefighters say the fire started in a candle company on the third floor of the building then
benedict resigned is the three investigating cardinals uncovered far more salacious scandals. the vatican would not comment. church officials are trying to steer the conversation away from the sexual abuse scandals and today in los angeles cardinal roger mahoney had to testify under oath about allegations he had to conceal activities of priests. one priest was accused of mow lest 26 boys in 1987. he fled to mexico of ma hope -- mahoney's top aide warned him the police were investigating. >> it's absolutely mind boggling to me how this continues to go on, and mahoney should be jailed. >> the vatican says voting in the conclave is a sacred duty, despite any worldly scandals. >> i don't think many of the cardinals in rome are very concerned about mahoney voting because they consider him a member of the fraternity. >> mahoney tweeted his excitement about heading to rom today but no mention of the depression. he also blogged about feeling like a scapegoat, suffering painful and public humiliation just like jesus. >> new at 11:00, supporters of same-sex marriage received a powerful boost tonigh
the pope received in december. the italian reports, without attribution, say the real reason benedict resigned is the three investigating cardinals uncovered far more salacious scandals. the vatican would not comment. church officials are trying to steer the conversation away from the sexual abuse scandals and today in los angeles cardinal roger mahoney had to testify under oath about allegations he had to conceal activities of priests. one priest was accused of mow lest 26 boys in 1987. he fled to mexico of ma hope -- mahoney's top aide warned him the police were investigating. >> it's absolutely mind boggling to me how this continues to go on, and mahoney should be jailed. >> the vatican says voting in the conclave is a sacred duty, despite any worldly scandals. >> i don't think many of the cardinals in rome are very concerned about mahoney voting because they consider him a member of the fraternity. >> mahoney tweeted his excitement about heading to rom today but no mention of the depression. he also blogged about feeling like a scapegoat, suffering painful and public humiliation j
an hour. just hours ago, pope benedict bestowed his final sunday blessing overlooking st. peter's square. he told a crowd estimated at 100,000 people that he will take up a life of private prayer and will continue to serve the church. wednesday will be his last public audience and thursday is his final day as pope. the nation's governor in town for talks this weekend, the deadline and how much it may cost their states is driving the discussion. a democrat, head of the national governors association said he's worried the automatic cuts would send states into recession. >> we are very concerned, particularly the effect on the economy. i think a lot of us feel like after some very difficult years, things are getting a little bit better. unfortunately, this could put us right back where we were. >> my advice to the president, stop the campaigning, stop getting the campaign secretaries to scare your people. do the hard work of governing. >> shannon: senator john mccain's calling on the president to call a summit. and senator lindsay graham is calling on the president to take a pay cut for eve
Search Results 0 to 15 of about 16 (some duplicates have been removed)